Zscaler (NASDAQ:ZS) Insider Robert Schlossman Sells 3,200 Shares

Key Points

• Robert Schlossman, a Zscaler insider, sold 3,200 shares at an average price of $325.00, totaling $1,040,000, reducing his position by 3.84%.
• Zscaler's stock is currently trading at $323.00, up 1.3%, with a market capitalization of approximately $51.13 billion.
• The company reported $0.89 EPS in its latest earnings, beating estimates and showing a 21.3% year-over-year revenue increase to $719.23 million.

Zscaler, Inc. (NASDAQ:ZS - Get Free Report) insider Robert Schlossman sold 3,200 shares of the stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $325.00, for a total value of $1,040,000.00. Following the sale, the insider directly owned 80,086 shares of the company's stock, valued at approximately $26,027,950. This trade represents a 3.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Robert Schlossman also recently made the following trade(s):

• On Thursday, October 2nd, Robert Schlossman sold 7,006 shares of Zscaler stock. The shares were sold at an average price of $305.57, for a total value of $2,140,823.42.
• On Tuesday, September 16th, Robert Schlossman sold 3,832 shares of Zscaler stock. The shares were sold at an average price of $280.70, for a total transaction of $1,075,642.40.

Zscaler Trading Up 1.3%

Shares of ZS traded up $4.23 during trading hours on Friday, reaching $323.00. 1,062,338 shares of the company traded hands, compared to its average volume of 2,027,356. The company's fifty day moving average price is $289.57 and its two-hundred day moving average price is $273.74. The company has a market capitalization of $51.13 billion, a price-to-earnings ratio of -1,196.30 and a beta of 1.06. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95. Zscaler, Inc. has a 12 month low of $164.78 and a 12 month high of $327.39.

Zscaler (NASDAQ:ZS - Get Free Report) last announced its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.80 by $0.09. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The business had revenue of $719.23 million during the quarter, compared to analyst estimates of $707.15 million. During the same quarter last year, the firm posted $0.88 earnings per share. The company's revenue for the quarter was up 21.3% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. Equities research analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ZS. Barclays boosted their price objective on shares of Zscaler from $300.00 to $320.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 3rd. UBS Group decreased their target price on shares of Zscaler from $365.00 to $350.00 and set a "buy" rating for the company in a report on Wednesday, September 3rd. BTIG Research reaffirmed a "buy" rating on shares of Zscaler in a report on Thursday, July 10th. Stifel Nicolaus boosted their price objective on shares of Zscaler from $295.00 to $330.00 and gave the company a "buy" rating in a report on Wednesday, September 3rd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Zscaler from $348.00 to $351.00 and gave the company an "overweight" rating in a report on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $307.86.

Institutional Investors Weigh In On Zscaler

Hedge funds and other institutional investors have recently modified their holdings of the stock. Parisi Gray Wealth Management purchased a new stake in shares of Zscaler in the 2nd quarter worth $801,000. GAMMA Investing LLC increased its stake in shares of Zscaler by 43.1% in the first quarter. GAMMA Investing LLC now owns 641 shares of the company's stock worth $127,000 after purchasing an additional 193 shares in the last quarter. Howe & Rusling Inc. increased its stake in shares of Zscaler by 17.1% in the first quarter. Howe & Rusling Inc. now owns 24,672 shares of the company's stock worth $4,895,000 after purchasing an additional 3,611 shares in the last quarter. Focus Partners Wealth increased its stake in shares of Zscaler by 2.5% in the first quarter. Focus Partners Wealth now owns 62,083 shares of the company's stock worth $12,319,000 after purchasing an additional 1,517 shares in the last quarter. Finally, Allworth Financial LP increased its stake in shares of Zscaler by 47.4% in the first quarter. Allworth Financial LP now owns 1,002 shares of the company's stock worth $211,000 after purchasing an additional 322 shares in the last quarter. 46.45% of the stock is currently owned by hedge funds and other institutional investors.

Zscaler Company Profile

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.

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